This week showed the mixed set of results for the Canadian dollar as the currency dropped against its U.S. counterpart, managed to strengthen against the euro and remained at approximately same level against the Japanese yen.(…)Read the rest of Loonie’s Weekly Gains Were Erased in One Day (157 words) Posted on Forex News. Read More Loonies Weekly Gains Were Erased in One Day

The Australian Dollar fell sharply amidst similar declines in the US S&P 500 and became the worst-performing G10 currency through the past week of trade. A 3.44 percent decline in the S&P coincided with a broad flight to safety across all major asset classes. Read More Australian Dollar Forecast Bearish as SdanP 500 Declines

There are many different safe haven assets in the global financial markets. Traditionally, the balance between risk aversion and risk appetite would transfer capital back and forth between equities and bonds. During the worst of the 2007/2008 financial crisis, the split would find deeply liquid Treasuries and money markets on one side of the spectrum […]